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CommercialFinance

Owner-User Buys 50,136 SQFT Encino Crossing II Office Building for $12.5MM

A business buyer pays about $249 per square foot for the 62 percent leased, renovated building on Balboa Boulevard, securing room to grow...

Los Angeles California Golden hour
CommercialFinanceIndustry NewsLos Angeles

811 Wilshire Lands Forbearance on $34MM CMBS Loan as 336,000 SQFT Downtown LA Office Tower Sits 36% Occupied

The special servicer on the 20-story office tower at Wilshire Boulevard and Flower Street has signed a short-term forbearance that brought the matured...

studio soundstage with cameras and equipment
CommercialFeaturedFinanceIndustry NewsLos Angeles

LA Studio Lots Trade Up to 78% Below Boom-Era Prices as Soundstage Occupancy Stalls Near 62%

Los Angeles studio real estate has entered a price-discovery phase, with lots bought at the top of the streaming boom now changing hands...

Apartment building
FinanceResidential

Apollo Takes Two-Thirds Stake in $2B, 7,059-Unit UDR Apartment Portfolio Through $1.34B Joint Venture

UDR is moving 19 apartment communities into a $2 billion joint venture in which Apollo-managed funds will invest $1.34 billion for a roughly...

Scenery of shopping district
FinanceLos AngelesOrange CountyRetailSan Diego

PSP Investments, Nuveen Launch $790MM Grocery-Anchored Retail Venture With 19 Open-Air Centers

Canada's Public Sector Pension Investment Board and Nuveen Real Estate have launched a joint venture that has already deployed $790 million across 19...

Pacific Beach San Diego
FinanceIndustry NewsRetailSan Diego

Trader Joe’s-Anchored Pacific Beach Retail Center Hits Market at $42.2MM for 62,000 SQFT in San Diego

A fully occupied community center at the corner of Garnet Avenue and Ingraham Street in San Diego's Pacific Beach neighborhood, anchored by one...

A logistics facility or warehouse belonging to Prologis, a global leader in logistics real estate.
FeaturedIndustrialIndustry NewsInland EmpireLeasingLos AngelesOrange County

Prologis Holds 96.8% Occupancy in Southern California as Record Port Volumes Test Inland Empire Recovery

Prologis ended the third quarter with its 128.7 million-square-foot Southern California portfolio nearly full, betting that record September cargo at the Ports of...

A logistics facility or warehouse belonging to Prologis, a global leader in logistics real estate.
FeaturedIndustrialIndustry NewsInland EmpireLos Angeles

Prologis Says SoCal Industrial Recovery Has Arrived, Led by Inland Empire and South Bay Aerospace

Prologis executives told analysts on the company's third-quarter 2026 earnings call that Southern California's industrial market has turned the corner, citing positive absorption,...

CommercialFinanceIndustry NewsLos Angeles

Beacon Capital Sells 185,000 SQFT Pasadena Office Tower to Private Investor Group for $35.5MM, Half Its Appraisal

Beacon Capital Partners has unloaded the five-story Class A office building at 1055 East Colorado Boulevard to a private investor group for $35.5...

office workers
CommercialIndustry NewsLeasingLos Angeles

L.A. Area Chamber of Commerce Moves Headquarters to 11,000 SQFT on U.S. Bank Tower’s 32nd Floor

The Los Angeles Area Chamber of Commerce, the region’s oldest business association, will leave its longtime home at 350 South Bixel Street for...

Los Angeles California Golden hour
CommercialFinanceIndustry NewsLos Angeles

Kam Sang Affiliate Buys $290MM Loan on 1,159,000 SQFT Wells Fargo Center South in Downtown LA for About $115MM

An affiliate of Arcadia-based developer Kam Sang Company has taken over the $290 million mortgage on Wells Fargo Center South, the 45-story Bunker...

office interior
CommercialFeaturedIndustry NewsLeasingOrange County

Orange County Office Rents Climb to Five-Year High as Absorption Turns Negative Again in Q3

Orange County's office market gave back space for a second consecutive quarter in Q3 2026, yet average asking rents climbed to $2.93 per...

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